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US producer prices rise at fastest pace in over three years amid Iran war fallout
US PPI surged 6.5% year-over-year in May 2026 as gasoline prices spiked 23.4% amid the Iran war. Here's what it means for the Fed, inflation, and crypto.
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npr.org
Inflation tops 4% for the first time in 3 years on spike in gasoline prices
Inflation has surged to its highest level in more than three years since the U.S. and Israel launched their war on Iran, triggering a surge in gasoline prices.
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nbcnews.com
May inflation is expected to have jumped as the Iran war sent prices higher
Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.
